Steel Companies Reduce Prices across Products

Steel companies have corrected prices by Rs 1,200-2,000 a tonne in July across flat and long steel products, but there may be scope for an increase, going forward. ArcelorMittal Nippon Steel India corrected prices by approximately Rs 1,500-2,000 a tonne.

BY Realty Plus
Published - Wednesday, 07 Jul, 2021

Steel Companies Reduce Prices across Products

Steel companies have corrected prices by Rs 1,200-2,000 a tonne in July across flat and long steel products, but there may be scope for an increase, going forward. ArcelorMittal Nippon Steel India corrected prices by approximately Rs 1,500-2,000 a tonne. Jindal Steel & Power (JSPL) sources said that there was a reduction in all steel product prices by Rs 1,500-2,000 a tonne across hot rolled coil (HRC), rebars and other structural products; JSW Steel said that prices were corrected by Rs 1,200-1,800 a tonne.